HOUSTON -- The Bakken shale oil play unfolding in North Dakota and Montana is an industry, not a boom, according to group Williston Economic Development (WED). The play is now producing about 800,000 barrels of oil per day and will hit 1 million a day by April 2014, officials estimate.
Meanwhile, at a series of events ...
Analyst says high production and higher declines lead to an ugly equation.
Valued roughly the same, Kodiak bought its production with $2.3 billion; Oasis coaxed it from the ground.